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    <number>3659</number>
    <updateDate>2023-01-11T13:38:50Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:38:50Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-08-18</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 137 (Friday, August 18, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. CURBELO of Florida:H.R. 3659.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 1[Page H6612]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2017-08-18T14:00:16Z</date>
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        <actionDate>2017-08-18</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <text>Introduced in House</text>
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        <actionDate>2017-08-18</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>C001107</bioguideId>
        <fullName>Rep. Curbelo, Carlos [R-FL-26]</fullName>
        <firstName>Carlos</firstName>
        <lastName>Curbelo</lastName>
        <party>R</party>
        <state>FL</state>
        <district>26</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C001038</bioguideId>
        <fullName>Rep. Crowley, Joseph [D-NY-14]</fullName>
        <firstName>JOSEPH</firstName>
        <lastName>CROWLEY</lastName>
        <party>D</party>
        <state>NY</state>
        <district>14</district>
        <sponsorshipDate>2017-08-18</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Taxation</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Accounting and auditing</name>
        </item>
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          <name>Contracts and agency</name>
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          <name>Housing industry and standards</name>
        </item>
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          <name>Tax administration and collection, taxpayers</name>
        </item>
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      <policyArea>
        <name>Taxation</name>
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      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-08-18</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-03-06T21:49:02Z</updateDate>
        <text><![CDATA[ <p><b>Fair Accounting for Condominium Construction Act </b></p> <p>This bill amends the Internal Revenue Code to exempt certain residential construction contracts from the requirement to use the percentage of completion method of accounting. </p>]]></text>
      </summary>
    </summaries>
    <title>Fair Accounting for Condominium Construction Act</title>
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        <titleType>Display Title</titleType>
        <title>Fair Accounting for Condominium Construction Act</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Fair Accounting for Condominium Construction Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Internal Revenue Code of 1986 to provide an exception to percentage of completion method of accounting for certain residential construction contracts.</title>
      </item>
    </titles>
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      <item>
        <type>Introduced in House</type>
        <date>2017-08-18T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr3659ih/xml/BILLS-115hr3659ih.xml</url>
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    <latestAction>
      <actionDate>2017-08-18</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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